Bulgaria: Market for Woven Pile Fabrics And Chenille Fabrics 2025

Market Size for Woven Pile Fabrics And Chenille Fabrics in Bulgaria

The Bulgarian pile and chenille fabric market totaled $X in 2021, increasing by 8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Bulgaria

In 2021, pile and chenille fabric exports from Bulgaria surged to X tons, jumping by 44% against the previous year. In general, exports saw strong growth. The growth pace was the most rapid in 2013 with an increase of 151% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, pile and chenille fabric exports surged to $X in 2021. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 124% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Greece (X tons) was the main destination for pile and chenille fabric exports from Bulgaria, accounting for a 57% share of total exports. Moreover, pile and chenille fabric exports to Greece exceeded the volume sent to the second major destination, Turkey (X tons), fivefold. The third position in this ranking was taken by Spain (X tons), with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Greece amounted to +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+28.9% per year) and Spain (+79.8% per year).

In value terms, Greece ($X) remains the key foreign market for woven pile fabrics and chenille fabrics exports from Bulgaria, comprising 56% of total exports. The second position in the ranking was held by Turkey ($X), with an 11% share of total exports. It was followed by Spain, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Greece totaled +17.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+32.7% per year) and Spain (+77.4% per year).

Export Prices by Country

The average pile and chenille fabric export price stood at $X per ton in 2021, approximately mirroring the previous year. In general, the export price, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Bulgaria

In 2021, overseas purchases of woven pile fabrics and chenille fabrics were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 33% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, pile and chenille fabric imports soared to $X in 2021. In general, imports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 with an increase of 36% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of pile and chenille fabric to Bulgaria, with a 44% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+14.6% per year) and Turkey (-5.1% per year).

In value terms, China ($X) constituted the largest supplier of woven pile fabrics and chenille fabrics to Bulgaria, comprising 27% of total imports. The second position in the ranking was taken by Turkey ($X), with a 12% share of total imports. It was followed by Poland, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-6.7% per year) and Poland (+11.1% per year).

Import Prices by Country

The average pile and chenille fabric import price stood at $X per ton in 2021, with an increase of 2.5% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2016 an increase of 3.9%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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